| Security | $Holding | Balance | % of Fund | Category | Position | Country |
|---|---|---|---|---|---|---|
| Prime Property Fund, LLC | 5.59 mm | 5.59 mm other units | 18.25 | Long | USA | |
| JP Morgan Strategic Property Fund FIV 2 (US) LP | 4.06 mm | 4.06 mm other units | 13.27 | Long | USA | |
| CBRE U.S. Core Partners, LP | 2.70 mm | 2.70 mm other units | 8.81 | Long | USA | |
| PRISA LP | 2.47 mm | 2.47 mm other units | 8.08 | Long | USA | |
| Invesco Core Real Estate - U.S.A., L.P. | 2.46 mm | 2.46 mm other units | 8.04 | Long | USA | |
| Clarion Lion Properties Fund, LP | 2.33 mm | 2.33 mm other units | 7.60 | Long | USA | |
| Smart Markets Fund, L.P. | 1.78 mm | 1.78 mm other units | 5.82 | Long | USA | |
| RREEF America REIT II, Inc. | 1.62 mm | 1.62 mm other units | 5.28 | Long | USA | |
| BGO Diversified US Property Fund LP | 1.51 mm | 1.51 mm other units | 4.92 | Long | USA | |
| US Real Estate Investment Fund, LLC | 1.31 mm | 1.31 mm other units | 4.28 | Long | USA | |
| ASB Allegiance Real Estate Fund LP | 1.17 mm | 1.17 mm other units | 3.83 | Long | USA | |
| Blackrock US Core Property Fund, L.P. | 1.15 mm | 1.15 mm other units | 3.75 | Long | USA | |
| ARA Core Property Fund, LP | 866.90 k | 866.90 k other units | 2.83 | Long | USA |
